HDK’s parting shot: Waives off loans of landless people
News

HDK’s parting shot: Waives off loans of landless people

July 25, 2019

Bengaluru:  H.D. Kumaraswamy (HDK), in one of his last orders as the Chief Minister, waived off loans availed by the landless labourers of the State — with less than two hectares of land holding or income below Rs.1 lakh.

Kumaraswamy revealed yesterday that he signed this last order on Tuesday, hours before witnessing his Government crumble. Kumaraswamy was asked by the Governor to continue as a caretaker CM till a new Government was sworn-in. 

He was also barred from taking any major policy decisions like the loan waiver for the landless labourers.

Addressing media in Bengaluru yesterday, Kumaraswamy expressed satisfaction that he had managed to score with his parting shot — enabling waiver of loans for landless labourers, taken even from private money lenders. Kumaraswamy said that the measure was fashioned as a one-time relief lasting a period of one year from the date  of the order.

“I am satisfied that I’ve brought this. It will apply to those who availed loans before this Act came to being. This is an opportunity to better people’s lives. This Act lasts for a year and within that time the details of loans have to be submitted.” Kumaraswamy said while thanking the bureaucrats who according to him made it possible for his Government to implement a few significant welfare schemes in the short 14-months despite continuous attempts to destabilise his Government.

Kumaraswamy, while counting the Debt Relief Act as one of his Government’s biggest achievements, said the landless-labourer-loan-waiver order doesn’t set any limits to the loan amount that could be waived. “There is no money going out from the Government. The Central Govt. had sought multiple clarifications. There is no limit to the amount that can be waived,” he said.

READ ALSO  CM insists on Mayor post for JD(S)
ABOUT

Mysuru’s favorite and largest circulated English evening daily has kept the citizens of Mysuru informed and entertained since 1978. Over the past 41 years, Star of Mysore has been the newspaper that Mysureans reach for every evening to know about the happenings in Mysuru city. The newspaper has feature rich articles and dedicated pages targeted at readers across the demographic spectrum of Mysuru city. With a readership of over 2,50,000 Star of Mysore has been the best connection between it’s readers and their leaders; between advertisers and customers; between Mysuru and Mysureans.

CONTACT

Academy News Papers Private Limited, Publishers, Star of Mysore & Mysuru Mithra, 15-C, Industrial ‘A’ Layout, Bannimantap, Mysuru-570015. Phone no. – 0821 249 6520

To advertise on Star of Mysore, email us at

Online Edition: [email protected]
Print Editon: [email protected]
For News/Press Release: [email protected]